Post Utme Crawford University 2018 Economics Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2018 Economics Objective / Multiple Choice
Question 10 POST_UTME_CRAWFORD_UNIVERSITY • 2018 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \). If the country's GDP is 100, consumption is 30, investment is 20, government sp\ending is 15, exports are 25, and imports are 10, what is the value of the trade balance?

Answer Options

A. 5
B. 10
C. 15
Correct Answer D. 20
Correct Answer
D
Correct Option:
20

About This Question

This is Post Utme Crawford University 2018 Economics Question 10. It is one of the objective questions from the 2018 Post Utme Crawford University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support